Real Estate

Prospect Property Sold for $5.8M

The commercial property at 1295 Prospect Street in La Jolla sold.

The three-story retail building at 1295 Prospect Street in La Jolla sold for $58 million, according to The Daily Transcript.

The buyer of the 10,103-square-foot building was KTR Family LLC, the local business publication reported Friday. The seller was La Jolla Palace LLC.

Just in March, La Jolla Palace acquired the leasehold of the property for $1.05 million, The Daily Transcript reported.


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